$20 Million for 17 Days of Work!
This story has to be the poster child for America’s corporate leadership failures and excessive executive pay.
In “Nice work — if you can get fired from it.“, FoxNews.com reports Alan H. Fishman, the new CEO for Washington Mutual (the WaMu taken over by the Feds and handed to JPMorgan Chase this past Thursday night for pennies on the dollar) will receive more than $1,000,000.00 per day for his 17 days as CEO.
A $20 Million income for 3 weeks of work “leading” a bank into failure. Only in this America.
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